Kostyuchenko V.
Professor of Accounting and Taxation Department, Kyiv National University of
Trade and Economics, Kyiv, Ukraine
Petrov P.
Post-graduate student of Accounting and Taxation Department, Kyiv National
University of Trade and Economics, Kyiv, Ukraine
ORGANIZATION OF MANAGERIAL ACCOUNTING IN BANK’S
TREASURY DEPARTMERNT AS A PRECONDITION OF LIQUIDITY
RISK MINIMIZATION
Introduction. The key function of the banking system is the transformation of the
maturity of money. That is, attracting relatively short-term free resources and placing
them on longer terms. The problem of banks liquidity occurred simultaneously with
lending. Thus, the nature of the liquidity risk is banking itself.
Multiple works of many Ukrainian and foreign scholars are devoted to the bank
liquidity study, among whom: O.V. Dzyublyuk, O.I. Lavrushin, A.M. Moroz, V.S.
Stelmakh, P. Rose, J. Sinkey, J. Skoglund [1-7] and others. However, despite a
considerable amount of publications that analyze the issues of liquidity management
and the risks associated with it, it should be noted that a large pool of issues remains
relevant to study. The problems of practical implementation of measures that include,
in particular, the organization of managerial accounting are not well disclosed.
Therefore, there is an urgent need to develop a more thorough approach to
implementing a liquidity management system that involves adapting the bank's
organizational structure to current needs, developing and applying methodological,
accounting and analytical provision that would allow an analysis of liquidity based on
as many factors as possible to take place.
Bank liquidity is essential for the functioning of the financial institution. Its state,
in its turn, is most vulnerable to any changes: economic, social, regulatory, etc. Since
the Ukrainian banking system has suffered significant objective factors over the last
few years (the main reason for the liquidation of institutions was the lack of liquidity
and, as a result, insolvency declaration). Bank liquidity is the ability of a particular
institution or the whole system to ensure the timeliness, completeness and continuity
of all its financial obligations [8], in other words, the ability to quickly transfer an asset
in cash without a significant loss of its value.
Today it is extremely necessary to adapt the legislation of the Ukrainian banking
sector to the regulatory requirements of the European Union in order to eliminate the
consequences of the crisis phenomena that took place in the Ukrainian banking sector
in 2008-2009 and 2013-2015.So, the National Bank of Ukraine (NBU) has a powerful
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